BMO Capital has initiated coverage on
Evergy (EVRG) with an outperform recommendation, generating optimism for the stock. The Evergy stock's price target has been raised to $79 by Citigroup, and it has also received an Outperform Rating from BMO Capital. Evergy is being considered as one of the
best dividend growth stocks with high yields, and Wall Street Analysts' target price fortifies this sentiment. Meanwhile, Evergy's stock is said to outperform its utility peers y this year. Evergy's Q1 2025 earnings and revenues lagged estimates; however, the company reaffirms its 2025 guidance, supplementing faith in its strategic growth plans.
Consolidated Edison, DTE, CenterPoint Energy, and Evergy are highlighted in Zack's Industry Outlook. Evergy's price target was raised by Citi due to a positive outlook, but Evergy's Q1 earnings missed the estimate, and revenues increased Y/Y while EPS lagged. The company also announced a $1.2 Billion Equity Distribution Agreement. Even though Evergy's Midwest Utility's fortunes rose as demand soared, Moody’s downgraded Evergy Missouri West’s rating to Baa3.
Evergy EVRG News Analytics from Mon, 09 Sep 2024 07:00:00 GMT to Fri, 16 May 2025 18:23:18 GMT -
Innovation -3
- Information 8
- Rumor 5
